New games industry investment by iVentureCapital:
iVentureCapital Invests in Game Developer MobileBits

Hamburg, 13 June 2012: iVentureCapital GmbH
acquires a share in development studio, MobileBits GmbH. Based in
Hamburg and Hannover, MobileBits (
www.mobilebits.de) was established in March 2009
by Karsten Wysk, Boje Holtz, Leif Griga and Benjamin Nitschke. The
founding quartet and their team of more than twenty employees
concentrate on developing games for various platforms such as
Android, iOS, browsers and consoles. An important asset is their
proprietary, multi-platform-capable Delta Engine (
www.deltaengine.net), most recently used to
develop the free-to-play action RPG, SoulCraft (
www.soulcraftgame.com) for Android, which is
about to be published on other platforms as well.

As a strategic investor, iVentureCapital primarily seeks out
promising startups developing innovative, high-potential games and
technologies. The Delta Engine designed by MobileBits is a powerful
tool which allows games to be published on all platforms with their
own app stores, requiring only minimal adjustments. Currently the
engine supports Windows, iPad, iPhone, Android, Android Tablets and
Windows Phone 7. In addition, MobileBits is one of the select few
partners in the Microsoft BizSpark One program, an exclusive group
of 100 out of 45,000 BizPark members (
www.microsoft.com/bizspark/One/) benefiting from
targeted support and heightened exposure through Microsoft’s
industry initiative.

For Michael Reul, iVentureCapital co-founder and senior partner,
this is not the only reason to invest in the company:
“MobileBits’ four-man founding team has years of
experience in the games industry, and has delivered convincing
results throughout. The innovative Delta Engine allows new
free-to-play games like SoulCraft to be played on mobile devices,
browsers and, in the near future, also on consoles. We have reached
a stage in which the creation of exciting content, as well as
making it accessible across a wide range of platforms, are both
critical factors for success. Investing in MobileBits associates us
with a company that has built up unique expertise in both
areas.”

MobileBits CEO, Karsten Wysk, on the iVentureCapital investment:
“We made a very conscious decision in our new financing round
to go with iVentureCapital, based mainly on their know-how in
traffic generation, billing and the monetization of online content.
At present, MobileBits is fully focused on the development of our
action RPG, SoulCraft, which is not only multi-platform-capable,
but utilizes a cloud technology that will also allow the consistent
implementation of up-to-date versions on different end user
devices.”

In addition to MobileBits, iVentureCapital recently invested in
Farbflut Entertainment (
www.farbflut.com). The portfolio also includes
BillingPartner (
www.billingpartner.com), TrafficCaptain (
www.trafficcaptain.com) and Infernum (
www.infernum.com). iVentureCapital is seeking
other games industry startups for strategic entrepreneurial
involvement, i.e. ‘smart money’ investments, which can
benefit from the investors’ long-standing experience and
synergies with the other companies in the iVentureCapital
portfolio. These include developers of browser and mobile games, as
well as gaming portals, and affiliate and ad programs, that have
begun to establish a successful track record.

About iVentureCapital GmbH

iVentureCapital GmbH was founded in 2011 and invests early stage
capital and later stage capital in innovative game developers
(Browser, Mobile), game portals, providers of technology and
affiliate programs. Apart from the headquarters in Hamburg
(Germany), there are offices in Vienna (Austria) and Miami (USA).
iVentureCapital considers itself a mid- to long-term investor.
Therefore, both exit- and dividend-oriented investments are
interesting options. iVentureCaptial focuses on startups which have
been in business for at least 12 months. They should be able to
present first achievements. Please find more information at
www.iventurecapital.com.

About MobileBits GmbH

MobileBits was founded in March 2009 by Karsten Wysk, Boje
Holtz, Leif Griga and Benjamin Nitschke gegründet. The studio
specializes in the development of games for all platforms and has
its own app store (iPhone, Android, Windows Phone 7, and more). The
25 staff members are based in branches in Hamburg and Hannover.
Over a ten-year period up until 2009, the team developed games for
PC, XBOX360 and Playstation 3 under the exDream (
www.exdream.com) name. MobileBits now focuses on
games for digital distribution through app stores, and on its
proprietary Delta Engine. More information is available on
www.mobilebits.de.

About High-Tech Gruenderfonds

High-Tech Gruenderfonds invests in young, high potential
high-tech startups. The seed financing provided is designed to
enable startups to take an idea through prototyping and to market
launch. Typically, High-Tech Gruenderfonds invests EUR 500,000 in
the seed stage, with the potential for up to a total of EUR 2
million per portfolio company in follow-on financing. Investors in
this public/private partnership include the Federal Ministry of
Economics and Technology, the KfW Banking Group, as well as
thirteen industrial groups of ALTANA, BASF, B. Braun, Robert Bosch,
CEWE Color, Daimler, Deutsche Post DHL, Deutsche Telekom, Evonik,
Qiagen, RWE Innogy, Tengelmann and Carl Zeiss. High-Tech
Gruenderfonds has about EUR 563 million under management in two
funds (EUR 272 million HTGF I, EUR 291 million HTGF II). More
information is provided on
www.en.high-tech-gruenderfonds.de.

About Hannover Beteiligungsfonds (HBF)

Financed by the City and Region of Hannover and the European
Regional Development Fund (ERDF), Hannover Beteiligungsfonds
provides equity capital to enable technology companies in the
greater Hannover area to implement innovative business concepts. In
collaboration with private investors, HBF gives technology-oriented
companies access to the capital market. The fund is managed by
EnjoyVenture, ensuring professional support for the joint ventures.
In total, Hannover Beteiligungsfonds has EUR 24 million worth of
assets under management. Additional information is provided on
www.enjoyventure.com.

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